Today’s Toronto Real Estate Market

Pros:

• No refinancing
• Enough to pay legal fee
• It’s easy and simple

Cons:

• When interest rates go up, you may have spread yourself too thin
• If different financing is needed, it will look as though you owe more than you actually do

Want to know more about Collateral Mortgages or want to just chat about real estate? Get it touch with Michael Prior or any member of The Prior Group. We’re always happy to help!